Question: ells subscriptions for $ 4 8 $ 4 8 for 2 4 2 4 months. The company collects cash in advance and then subscribers have
ells subscriptions for
$ $
for
months. The company collects cash in advance and then subscribers have access to unlimited movies each month.
Apply the revenue recognition principle to determine
a when
The Box OfficeTheBoxOffice
should record revenue for this situation.
b the amount of revenue
The Box OfficeTheBoxOffice
should record for
fivefive
months.
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